Each question in this section is worth $3\mathrm{.}70$ points.

A farmer sells futures contracts at a price of $$3\mathrm{.}65$ per bushel. The spot price of corn is $$3\mathrm{.}15$ at contract expiration. The farmer harvested $21000$ bushels of corn and sold futures contracts on $20000$ bushels of corn.

What are the farmer's proceeds from the sale of ALL the corn?

Ignoring the transaction costs, how much did the farmer improv with the futures contracts?

$[$ Select$]$

$[$Select$]$

$\backslash$table$[[],[84,711],[$$$68,372$